Axios

If you have the luxury today, keep yourself and your loved ones indoors and air conditioned. It's going to be a scorcher.

Go deeper: The "heat dome" is coming

New York State officials yesterday announced that Norway-based Equinor and a joint venture that includes Denmark's Orsted had won the solicitation to build 2 large offshore wind projects totaling around 1.7 gigawatts.

Why it matters: It's the biggest offshore wind agreement in the U.S. to date and, per New York Gov. Andrew Cuomo's office, will provide enough electricity for over 1 million homes.

Earlier this month, Chubb became the first U.S. insurance company to limit coal-related underwriting and investing, expanding a global trend that has seen 15 companies — underwriting a total of $313 million in premiums — announce new policy restrictions.

Why it matters: The proliferation of coal-exclusion policies at globally significant financial institutions — 113, according to the the Institute for Energy Economics and Financial Analysis — is leading large, diversified mining and utility companies to reduce their exposure to coal, and in some cases to exit the coal industry altogether, to avoid losing access to finance.